75,000 Cadre (NYSE: CDRE) shares sold by Kanders SAF LLC
Rhea-AI Filing Summary
Cadre Holdings, Inc. insider Warren B. Kanders, through affiliated entity Kanders SAF, LLC, reported open-market sales of a total of 75,000 shares of Common Stock. On June 18, Kanders SAF, LLC sold 25,000 shares at a weighted average price of $27.86 per share, in multiple trades within a $27.49–$28.42 range. On June 22, it sold an additional 50,000 shares at a weighted average price of $27.43 per share, with individual trades between $27.28–$27.67. Following these transactions, Kanders SAF, LLC held 9,667,039 shares after the June 18 sale and 9,617,039 shares after the June 22 sale, indicating the sales were a small portion of the reported indirect position. Separate holding entries show 1,305,650 shares held by a Warren B. Kanders Roth IRA, 23,450 shares held by an Allison Kanders Roth IRA, and 22,888 shares held directly, all as of June 18. Footnotes state Kanders is the sole manager and member of Kanders SAF, LLC and that he disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50,000 | $27.43 | $1.37M |
| Sale | Common Stock, par value $0.0001 per share ("Common Stock") | 25,000 | $27.86 | $697K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price per share. These shares of Common Stock were sold in multiple transactions at prices ranging from $27.49-$28.42 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price per share. These shares of Common Stock were sold in multiple transactions at prices ranging from $27.28-$27.67 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in this footnote (2) to this Form 4. The Reporting Person is the sole manager and member of Kanders SAF, LLC. Allison Kanders is the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of the securities described in this statement, except to the extent of his pecuniary interest in such securities.